Chicago, April 13 – Citigroup Global Markets Holdings Inc. priced $2.03 million of 0% buffer securities due March 28, 2022 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Citigroup Inc.
The payout at maturity will be par plus 145% of any return of the laggard index.
If the laggard index falls by up to 10%, the payout will be par.
Investors will be exposed to declines in the laggard index beyond 10%.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Global Markets Holdings Inc.
|
| Guarantor: | Citigroup Inc.
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| Issue: | Buffer securities
|
| Underlying index: | S&P 500, Russell 2000
|
| Amount: | $2,025,000
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| Maturity: | March 28, 2022
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| Coupon: | 0%
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| Price: | Par
|
| Payout at maturity: | Par plus 145% of return of laggard index; par if laggard index falls by up to 10%; exposure to any losses beyond 10%
|
| Pricing date: | March 23
|
| Settlement date: | March 26
|
| Agent: | Citigroup Global Markets Inc.
|
| Fees: | 0.4%
|
| Cusip: | 17328VD72
|
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